AXA XL names western E&S casualty underwriting manager
Erin Bouren joins as AXA XL builds out its newly launched dedicated wholesale E&S entity in the US
Insurance News
Acuity’s five outside hires hint at a HNW private-client push in personal lines
Three of the Wisconsin mutual's new managers come from private-client and high-value personal insurance, with experience from Chubb, USAA and HUB
Executives’ defense costs spark $56M insurance battle
A group of Lloyd’s syndicates have asked the Court of Appeal of England and Wales to overturn a lower court’s order that they pay 45 million British pounds ($56 million) for the defense of two former
Isaias spared Gulf energy infrastructure as insured loss estimates settle at $1B to $3B
Moody’s says refineries near the storm stayed online and offshore output should recover within weeks.
Travelers Q3 2026: international commercial grows as US rate increases fall below 1%
The insurer’s UK, Irish and Lloyd’s business grew about 12% after adjusting for its Canadian sale, while US commercial pricing all but stalled
DOXA launches property reinsurance MGU to fill quota share gap
DOXA Re targets proportional property structures as specialist quota share capacity remains scarce
Credeq wins Lloyd’s in-principle approval for Syndicate 1998
The credit specialist plans to start underwriting from January 2027, with Asta as managing agent
World’s Largest Retirement Community Set to Borrow $180 Million for More Homes
The Villages, a 57,000-acre Florida retirement community, is looking to issue almost $180 million in high-yield debt to finance more homes. Built for residents at least 55 years old, the Villages has
Amazon and AEP Explore 960-Megawatt Nuclear Project in Indiana
American Electric Power Co. is working with Amazon.com Inc. to evaluate plans for a 960-megawatt nuclear plant in Indiana using a new reactor design, a project that would rely on unproven technology w
Fisherman Killed by 12-Foot Alligator at Central Florida Lake
A 71-year-old man fishing on the shore of a Florida lake was killed Friday by a nearly 12-foot alligator, the second fatal attack reported this year. Steven Hamilton of Winter Garden was standing on t
Why claims leaders want AI to automate tasks, not decisions
Clayton Matthews on catastrophe claims, adjuster training and the fraud AI can't yet stop
FM expands property risk suite with parametric and captive cover
The commercial property insurer adds three products designed to complement traditional cover and give large commercial clients greater programme flexibility
Airlines evacuate $4B worth of aircraft from Riyadh
Saudi airlines, including Saudi Arabian Airlines, Riyadh Air and Flyadeal Airline, are urgently evacuating aircraft worth up to $4 billion from King Khalid International Airport in Riyadh, Saudi Arabi
‘Weather Whiplash’ Bringing Back Rain and Snow to California
A “weather whiplash” will continue taking Californians for a ride this week, as last week’s high temperatures and blustery winds give way to clouds, rain and snow in the mountains. A
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event
Catastrophe risk management firm Karen Clark & Co. (KCC) said privately insured losses from wind and storm surge during Hurricane Isaias will be about $3 billion, making the storm one of the most
Rainfall flooding drives Europe’s losses beyond river hotspots
Gallagher Re finds 32 of Germany’s 37 largest flood events since 2002 were rainfall-driven
Wellbeing ROI: benefits brokers must demand better
As price pressure mounts, wellbeing industry must earn its place in employer strategy
BNSF Railway Sued for Firing Employee Because of Their Disability
BNSF Railway Company violated federal law when it fired an employee because of his disability after he requested a reasonable accommodation, the U.S. Equal Employment Opportunity Commission (EEOC) cha
France’s riot losses put insurance cover and state recovery in focus
Damage to businesses and public buildings highlights how riot losses are shared as France legislates for mandatory cover
Hannover Re promotes new South Africa CEO
Germany-headquartered Hannover Ruck SE has appointed Wesley Clay as chief executive officer of its South Africa operations, Reinsurance News reported. Clay has more than two decades of experience, hav
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